TinyGemsBreaks – Brera Holdings PLC (NASDAQ: BREA) Takes Initial Step in Acquiring Majority Stake in Serie B Club Juve Stabia
Brera Holdings (NASDAQ: BREA) announced the initial closing of its acquisition of a 52% stake in Italian Serie B football club SS Juve Stabia, "The Second Team of Naples." The transaction begins with Brera acquiring 22% ownership, set to increase to 52% by March 2025, following terms outlined in the Sale and Purchase and Investment Agreement. This move aligns with Brera’s multi-club ownership strategy to drive revenue and long-term value. Founder and Executive Chairman Daniel McClory highlighted the partnership with Juve Stabia President Andrea Langella and plans to enhance player development and operational efficiencies. Legal and advisory support was provided…